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>> and deepening the turmoil in to ease yet as the prime minister withdraws from the government. it is the latest twist in the political crisis facing that country after days of unrest. also coming up, fresh fighting erupts between rebels and military forces after a suicide bombing in bally. a new american general takes charge of the forces in afghanistan, but what are the challenges he faces? and that the chinese new year. more than a billion people around the world aren't really in the do your of the stake. -- in that do year of the snake. to these is in the middle of what's being called its biggest political crisis since the country unleashed the arabs from uprising two years ago. in the latest twist, the secular party has withdrawn his ministers from a coalition government. hamadi jebali. opposition leader was -- opposition leader, shokri belaid, a shot dead. by saturday, but the party only agreed to a national unity government comprise the politicians. a deadline to form a national unity government expired on sunday without agreement, which is why the president's party has
. but is anyone listening? and can government intervention move us out of these terrible times? keynes and roosevelt met only once. each thought the other well meaning but ineffectual. however, they changed the course of the world. what did we learn from the depression? we'll investigate that with the help of economics analyst richard gill on economics usa. hard times. we've seen a lot of them over the years. 1932 and the years that followed were different. the hoover administration tried to popularize the word depression. they thought it a milder word that would soothe the american public. by 1932, hope was about gone. the depression was more than an economic problem. it was human calamity. millions went hungry, some to starvation. proud people begged on street corners asking for pennies to feed their children, for jobs that no longer existed. the economic devastation seemed total. things couldn't possibly get worse, and yet they did. over 4,000 banks failed. the value of stocks dropped from $89 billion to $15 billion. national income dropped. investment, savings, consumption-- everyt
had told the u.s. government about the test beforehand. and even china, north korea's sole ally, has urged pyongyang to stop before it makes matters worse. >> tensions are high in south korea. protesters denounced north korea's nuclear tests. north korean state media claim the country had exploded a more powerful bomb than it had been able to build a earlier. diplomats at the united nations security council emergency meeting also expressed alarm. >> countries around the world, including every member of this security council, agreed that this test was an extremely regrettable act that further undermines international peace and security. >> many countries will likely impose new sanctions against north korea, but observers say that china has the most leverage. >> for china, it will depend on showing that north korea has gone too far this time and it will not go without consequences for the north korean-chinese relationship. i expect that china will also decide on painful sanctions for north korea. >> china is north korea's protector, but p'yongyang carried out the nuclear test not far f
important demands to the government. first, to ensure no more shias are killed and ledges -- sectarian attacks, pass legislation that would would make dissemination i -- discrimination again she is a crime, and go after those that attacked the community. >> we want to register our protest. we demand the army and the judiciary take notice of the blast and other targeted operations. >> the pro-sunni sectarian group has said it is behind the latest attack, which comes just one month after they carried out a similar bombing in the same city, which is why so many people are angry and afraid. >> the government does not do enough. today they died. tomorrow it will be us. >> pakistan's military and government do not seem to have a clear policy on fighting sectarianism in the province. a supporter once she is who have to leave.hiwants shias they refused to bury the dead in protest. the prime minister responded by firing the regional government and promising better security. that has clearly not happened. the government has been driven -- given 48 hours to respond to demands made by shia communi
with paul krugman is ahead. why he says the deficit doesn't matter now and why the government needs to spend more money. he ran two of the most important companies and turned around general motors. i will talk les sobs learned, the state of the american future. and baubles and bling. if you have the cash they have the jewels. if perfect valentine's gift for deep pockets. jewels anyone? >> co oh co always wore two. >> "on the money" begins now. >> announcer: this is america's number one financial news program. "on the money." now, mario bartiromo. >> here's a look at the news as we head into a new week on the money. it is the u.s. government versus standard & poor's. the most aggressive move yet to hold accountable a company at the center of the financial melt down of 2008. the $5 billion civil suit charges s&p intended to defraud investors by giving securities created from subprime loans aaa ratings they didn't deserve. the attorney says not so fast. >> the government has to show in this case not that a lot of people lost money because of the investments. government has to show the s&p liter
that he can go in and impose the strategy that he wants to impose in the united states government this isn't a coincidence. it's been very exquisitely coordinated. >> you can watch this and other programs online at book tv. >> up next on book tv, samuel argues if our elected leaders do not find the courage to reform the economy and government spending soon, the u.s. could find itself in the same terrible economic situation as many european countries do today. this is just over an hour. >> coming to speak at the heritage foundation today it is a great privilege to be here. i've always been a great admirer of heritage and the council in many cases the friendship of many people at heritage for a long time. i admire your the way that heritage works across the policy areas so that you really do here and the integrated message not least among which i think is the attention of the heritage foundation to the power of culture by which i mean the believes, ideas, habits, expectations and the ways that these achieve some form of institutional what the exception this issue of the culture and how it re
to reform the economy and government spending soon, the u.s. could find itself in the same terrible economic situation as many european countries do today. this is just over an hour. [applause] >> thank you john for your very kind introduction and the invitation to speak at the heritage foundation today. it's a great privilege to be here. i have always been a great admirer of heritage and the council and in many cases the friendship of many people here at heritage for a very long time i have also admired the way that heritage works across policy areas so that you really do here and integrated message. not least among which i think is the intention of the heritage foundation to the power of culture, by which i mean people believe ideas, habits and expectations in the way that these achieve some form of institutional expression. this issue of culture and how it relates to the economy is at the heart of my book, "becoming europe" because at one level becoming europe is certainly about what has happened in europe and why it is now regarded as the sick man of the global economy. my book is also a
and government reform. >> without objection, so ordered. that concludes the items of the business on the agenda for the house budget committee's organizational meeting. we will now proceed to the c.b.o. outlook meeting. if dr. elmendorf will take his usual and customary pgs. -- position. kind of feels like groundhog day, sunt it? let me -- let me start by welcoming our new members, we have members who representative different areas, different view, different philosophies. i want to start by saying how much of a pleasure it is to serve on this committee. this is the kind of committee where you get to bring your ideas to the table and air them out. we've got enormous fiscal challenges ahead of us. we've got a debt problem we all acknowledge must be dealt with. we've got a deficit that needs to be brought down. we've got an economy that needs growth. -- growth. and this is one of those areas, up with of those committees where we need to have this debate. we're going to be processing legislation, we're going to be considering alternatives and i want to say on behalf of those of us on this side of t
increase our deficit by a single dime. it is not a bigger government we need, but a smarter government that sets priorities and invests in broad-based growth. >> the president also appeals to congress to work together on climate change, immigration reform, and particularly on the phony issue of automatic government budget cuts known as sequestration. >> question. when former president clinton took the helm during an economic downturn, he said he had a quote laser-like focus on the economy. how would you describe the focus of president obama's state of the union pat buchanan? >> he did pivot back toward the jobs and the economy but overall this was a very libbal brail speech, something we have all heard before nothing new in it and a dead on aarrival speech. he is not going to get the minimum wage, not going to get the assault weapons ban, not going to get amnesty, not an awful lot of the things he has in there. he is appealing to his base and appealing to what he sees as the majority of the country, which probably does support most of what he said. it was a very political speech but in
an aggressive state of the union address. it's been widely leaked. he will call for robust government involvement in the economy. more spending on education, infrastructure and green energy. pay for it with more taxes on the private sector and on the rich. the president says the government can rebuild the middle class. on capitol hill there will be numerous standing ovations, but 80% thinks that the opportunity for the next generation is disappearing. more than half think the economy will never fully recover and just as the president demands more spending, he reports waste and fraud in the program is put in place. there you have it. the great divide. that's perhaps the true state of the union. stay right there, "varney & company" is about to begin with dr. ben carson. >> all right. everybody, the headline of this morning is dr. ben carson, the man who lectured president obama at the national prayer breakfast last week. he joins us right now. dr. carson, you've taken a leadership role whether you like it or not. what is your next move? are you going to stand for elective office? >> i
. the national economy is stagnant, and the federal government on which our state has become so dependent over the years is faltering. weighed down by $16 trillion in debt. while new mexico has seen some job gapes in certain private -- job gains in certain private sector industries, there is no question that the number of government jobs is on the decline. last year new mexico lost more than 4,800 government jobs. 400 federal jobs in a single month. on top of that, many private sector companies that contract with the federal government have seen those contracts cut costing us more jobs. unfortunately, it doesn't look like washington, d.c. is going to solve the budget problem anytime soon. it's the fault of both parties, and can it's hurting -- and it's hurting new mexicans. i am committed to working with our delegation to protect our labs and military bases fighting to avoid further cuts. our labs and our bases are not only important to new mexico, but they're critical to the security of america. however, with a federal government that is so far in debt, so dysfunctional we'd be foolish to lea
the time that labour was in government, if you were in a private sector rented home and you were in receipt of housing benefits, you did not get any benefit for empty rooms. i think that is important. it is only fair we treat people in social housing the same way. the second point is that if anybody is away from home, obviously their earnings are not counted. therefore the benefits that person are likely to go up. >> mr. speaker, i look forward to explaining why her paying 25 pounds a week more from april is not a tax on her. as for his point about the private rented sector, i think he misunderstands the point of social housing. the purpose is to protect the most vulnerable. according to the government's own figures, 2/3 of the people hit are disabled. let me tell the prime minister about an e-mail i received last week. my wife is disabled, has a degenerative condition and is cared for in bed. due to her illness and my condition, i usually sleep in the spare bedroom. why is it fair for him and hundreds of thousands of others disabled people like him to be hit by the bedroom tax? >> as with
government had a surplus. an unprecedented surplus of 236 billion dollars. it would not have happened without jack lew's leadership, knowledge, and expertise. in 2009, he answered the call to public service. he returned to d.c. to become deputy secretary for managing resources. he helped secretary of state clinton transform the state department and honing his skills in the international arena. skills that i'm confident will prove useful as he works to address the economic challenges he will be facing as treasury secretary. jack spent the last few years serving the administration as director of omb and as white house chief of staff. he brought nonsecurity spending to its lowest level since dwight eisenhower sat in the oval office. on the fiscal cliff, he kept taxes low on the middle-class. at the same time, decrease the nation's deficit by more than $700 billion. there are many subjects the treasury secretary must cover. not any treasury nominee can have expertise immediately in all of them. the jack has an uncanny ability to dive into a subject, learn, study, and master it in a factual and no
-the-board government cuts known as the sequester. >> ts is not a game. this is reality. >> i don't like the sequester. it's taking a meat axe to our government. >> these steps would seriously damage the fragile american economy. >> still fragile enough that four years after the recession the u.s. economy actually shrank in the last three months of 2012. the storm clouds were ready to blow away and washington basically called them back. >> i think we're all aware that we have some urgent business to do. >> if not for indecisive, uncompromising, and polarizing politicians, america's economy could take off again. >> we are producing more energy and america can become an energy exporter. >> we're in the midst of an energy boom and it's lowering the price of electricity and bringing manufacturing back to america. a housing boom fueled by the lowest interest rates in history. and 35 months of private sector job creation. america's future could be great. >> i'd like to focus on what lies beyond the fiscal debate. >> i'd like to, too. but that's not possible the with a sequester deadline about to descend on
companies said they expect an upturn this year. many cited the government's economic stimulus measures as a reason. the weaker yen was also another factor here. when asked about their stance on the wrong going annual wage negotiations, none of the respondents said that they are considering a raise in base salaries or bonus payments. seven firms said they may even reduce bonuses. another company said it's actually considering a wage cut. an executive of toshiba explains why firms are cautious about wage hikes. >> translator: the yen's decline and stock market's advance started from the end of last year. they have brightened prospects, but they are not yet actually reflected in the company's performance. >> he went on to say that they had to compete in the global markets while dealing with a power shortage, heavy corporate taxes and also labor restrictions. >>> let's move on to the markets now and let's see what's going on in europe. trading there has been a pretty tight range. many investors refraining from big bets as they tended to run out of some fresh cues. we have a mixed picture d
. they are even more ferociously committed to the legacy. the problem is what does the government do, because it is responsible for this reply -- for these libraries. >> see details challenges as a former director of the nixon library. >> the house of home and security oversight -- witnesses include james gilmore and officials with the government accountability office. the report highlights government programs and agencies that may be vulnerable to fraud, waste and abuse, and mismanagement. this is just over 90 minutes. >> the committee on homeland security, somebody on oversight and management and efficiency, will come to order. the purpose of this hearing is to examine the efficiency of this department of home and security and how widely the are spending taxpayer dollars. let me begin by extending a warm welcome to the other members of the subcommittee. i am looking forward to working with the ranking members as we both share a commitment to u.s. border security and ensuring our board agents -- ensuring our border agents receive the support they need to protect homeland. also look forward t
with libyan government officials in the attack. white house official wrote, "secretary clinton called libyan president el-megarif on behalf of the president on the evening of september 11, 2012, to coordinate support to protect americans in libya and access to libyan territory." that angered graham. >> the president of the united states did not make any phone calls to any government official. and libya, the entire period of the attack. he called government officials on september 12, after everybody was dead. >> we would not have gotten answers but for pushing for this. frankly, the more answers we have gotten i think we have shown here that this was a national security failure. >> late today, president obama said chuck hagel is imminently qualified to be secretary of defense. the president says he deserves a vote and predicted eventually he will get confirmed. >> bret: mikes, thanks. we just got word from the pentagon that panetta is heading to california tonight, to monterrey. the ride is also getting bumpy for the president's choice as top spy master. the complication and confusion continu
position .nd your government's i have to say to you here in parliament that the socialist and democrats are a minority -- a minority in the european council. i hear your message, but perhaps you might also pass it onto the heads of state in government in your own party's. that might be a good thing, indeed. [applause] i will make a commitment here to you today. throughout the council, i will continue to quote mrs. dole, the messrs. hunt said if i have to. the others, i'm not sure they will be much help. but i'm happy with what i have heard none the less. it will not all be on my shoulders. i am the head of state and our represent france at the european council negotiating table. i am not going there with rejection in mind only or not to be open to compromise. i am looking for compromise, because i want the youtube project the best image of itself that it can, that is -- i want the european union to project the best image of itself that it can, that is to say, looking at the processes and understanding the doubts that this is have and then taking into his iteration the decisions that are
. if government fails, we all fail. >> we don't trust government. but we need government. and government is us, when you come right down to it. those folks in washington weren't landed there from mars. they were elected by us. >> it's a complex problem. people want quick answersment but the fact is that there aren't quick answers. >> these aren't things that can be fixed in election cycle. and the question is do we have the political leadership that is willing to invest that way. >> rational thinking leads to one thing, conclusions. and conclusions are not going to solve the debt problem. emotions on the other hand leads to another thing, action. okay. and we need to take action about the debt in the u.s. we need to change. >> we're going to pass on to our kids a less prosperous nation where they will have a lower standard of living, a massive debt they can't afford to pay off and therefore less secure nation. >> i'm to the giving up on democracy. i don't know what the alternative is. if you say a democratic government can't solve this problem, then you are saying we need a dictatorship? i don
effect next month lemine reduce spending by households in the government. we protect inflation-adjusted gdp will increase by about 1.5% in 2013 but it would increase roughly 1.5 percentage points faster were it not for the fiscal tightening. under current law then, we expect the unemployment rate will stay above 7.5% through next year. that would make 2014 the sixth consecutive year with unemployment so high, the longest such period since the 1930s. we expect the growth of the gdp will pick up after this year to about 3.5% per year in and 2014 in the following few years. the gap between the nations gdp and what it is capable of producing on a sustained basis that economist referred to as potential gdp will still not close quickly. undercurrent while we expect output to remain below its potential level until 2017, nearly a decade after the recession started in december december 2007. the nation has paid and will continue to pay a big price for the recession. we estimate the total loss in output relative to the economy's potential between 2007 and 2017 will be nearly equivalent t
areas are worse than others. the government has a compelling interest to address this. they need to try to put rules on the table, not to take away the second amendment, but to enforce more rules to negate these happenings. host: the president several times reiterating that the proposal deserves a vote. what he think? caller: i agree. congress is our lawmakers. they put things in place and have to have a vote on this. i agree it should come to that. i believe in the second amendment. we have to make concessions here. host: do you think that congress will take up the votes and what the president is proposing? what do you ultimately think will, of that? caller: i think it will come to a decision. it has become very imperative to do something about it. at this time i think they are going to come to a fair decision across the board, how to address this and put rules in place that we have to negate thkis from happening. host: jim from twitter says this -- "vote on it and move it down, and then move onto something important." we go to ralph on the democrat'' line. caller: i agree with the aut
: south korean government officials were forced to respond. they condemned them for conducting the test deliberately. the president-elect park met with the outgoing president. the two leaders pledged they will not give into any provications. they also say defense matters will be handed over to the new administration. north korean officials have shown no will to change their course of action. south koreans must come up with something more than enduring the restless days ahead. park will find this issue high on her list of priorities in her upcoming five years as president. nhk world, seoul. >>> officials in chunina oechinn ministry issued a statement. nhk world reports from beijing. >> reporter: chinese leaders have made it clear that they oppose the test. communist leader says he wants the korean peninsula to be stable. north korea may be a traditional ally but chinese leaders say the nuclear program as a threat to their national security. but they also oppose tougher sanctions. they believe joining the u.s., japan and other countries in pushing for more sanctions would further isolate
on the case of the mysterious prisoner x, a man who purportedly had died in this prison. the government has confirmed it jailed a man with dual nationality under a false name. its statement says " a prisoner was an israeli citizen and also had foreign citizenship was jailed for security reasons. prisoner was held under a pseudonym, but his family was notified of the arrest immediately." >> it goes on to say the prisoners' rights were observed at all times but that he was found dead in his cell two years ago. australian tv says this is the man held prisoner. he reportedly held israeli and australian citizenship and used three different names. ben zygier, ben allen, and while in israel, ben alon. he moved to israel in 2000 and had an israeli family and lived in tel aviv. the report says there's evidence to suggest you work for israel's spy agency mossad. for reasons still not clear, he ended up in prison in solitary confinement, in a cell built to hold the man who assassinated israel's prime minister rabin. it was supposed to be a suicide- proof cell. he was found hanged in december 2010. his
sweeping europe. the government in paris has accused a firm of knowingly selling horse meat as beef. the company denies that allegation. >> french authorities have been investigating the complex supply chains that ended with be processed meals being tainted with horse meat. so far, the scandal has been treated as an issue of fraud rather than public health, but in britain, officials say a potentially dangerous horse drug might have entered the food chain. >> meanwhile, the scandal has reached germany, too. >> more german supermarkets have pulled products suspected of containing horse meat as the scandal spreads throughout germany. it is still unclear who is responsible. the supply chain stretches across your -- your representative. a luxembourg company ordered beef from a french firm, which passed the order to a trading firm in cyprus. the company subcontracted to a dutch firm. the french media has uncovered what they called troublesome bills of sale. the british environment secretary said the problem was not simply one of public health. >> i think what we got involved in this horse
leader. , the leaamerican people don't expect government to solve every problem. they don't expect everybody in this chamber to agree on every issue. but they expect us to put the nation's interest before party. >> paul: welcome to the journal editorial report. i'm paul gigot. that was president obama during his state of the union address, he called for a vast expansion, laying out a second term agenda that includes more spending on public works, a cap and trade program for carbon emissions, a minimum wage increase and a federal nursery school entitlement. so does the president think he can get any of this passed or is he counting on a pelosi congress in 2014? let's ask wall street journal columnest and deputy editor dan henninger, james freeman and washington columnist kim strassel. kim, how much does the president think he can pass or is that what this is about? >> no, he knows he can't pass his agenda, very little of this would make it through the republican house. that's in fact exactly the point. the goal here, which is a repeat of what he's done for the last two years, is to
child soldiers while government crew -- troops are guilty of more. >> now is time for the international criminal court to get involved. there needs to be a formal inquiry. there are no indictments to be made. >> investigators say the house a list of suspected war criminals but without a decision by the u.n. security council, they cannot bring them to justice. >> for more now we go to our european correspondent in brussels. we asked her if the eu is prepared to back the call for war crimes. >> the problem there is the u.n. security council would have to refer the case to the courts and the eu has failed in its attempts to get russia, a permanent member of the u.n. security council, to put pressure on their ally, syria. they say they welcome any attempts from any side to end the conflict and end the violence happening. they have always said that they were concerned about crimes committed against humanity and they have always stressed that they will do everything that they can to support moves to end the conflict in syria. >> we will have more in a moment, but staying in brussels , they ha
.s. and what the u.s. government's role has been in insuring that they come into this country, all right? and this evening we are pleased to be joined by two drug policy experts as well. its fellow sanho tree and colette that youngers. and without further ado, i want to hand it over to the panel. [applause] >> thank you. thank you so much foring out here. -- for coming out here. i'm really excited. i just came in from new york. it's great to be here. i'm going to start off by talking about my book, and then we're going to go into a little bit about which focus is on coca and coca policy and then we'll get into how that's relevant especially this week and what's going on at the u.n. and the history of the tree that, basically, prohibits coca around the world. my book actually started out as a children's book. um, it started out as a follow-up to a children's book i did about marijuana back in 2004-2005. it wasn't a book about teaching kids how to smoke wield, but it was rather an educational book about a parent, how they might talk to their kids about a difficult subject that, you know, t
representatives of local governments and the environment industry in tokyo met to set up a task force, planning to share information on the problem and discuss preventive measures. ministry officials said they need more observation points to detect minute pollutants called pm 2.5. they are found in exhaust and factory smoke. the ministry is drawing up guidelines on protecting people's health if the density of pm 2.5 rises. >> translator: it's close to china. people there are increasingly concerned about the issue. we want the central government to discuss the matter and clearly show us the results as soon as possible. >> authorities in tokyo and osaka have started to provide pollution data online. >>> naval officers from mainly asian pacific countries have gathered in japan to discuss security it is aimed at promoting mutual understanding in the region. on monday 15 officers took part in an opening ceremony at japan's maritime staff college in tokyo. they represent 15 countries, including japan, the u.s., south korea, china, and australia. the director of the college's research department says
on student numbers, which has -- which have fallen. >> net immigration has fallen by 1/4 under our government. >> we want to see indian university students. >> you say you want a special relationship with india, but does india want a special relationship with india? >> half of the investment from europe goes to britain, and we are the largest investor in britain -- in india. >> he says he wants britain to have a great partnership with india in the 21st century. with delhi delaying british helicopter deals, it is a relationship that still needs some work. >> i am joined now by the chief executive of the premier league. welcome, this is a cricket match country. what are you doing here? >> football is the fastest- growing sport in india. they are really starting to take at on and the premier league is of ever more interest to the people here. >> you can see it on their tv channels over the weekend. premier league football is a global brand now, is it not? >> hundreds of millions of homes. we have watched the interest here grow exponentially. we just concluded our deal for the next three years. e
quote the federal government. a pro-government has the greatest possible respect for the holy father for his accomplishments and lifelong work for the catholic church. i think it is fair to say -- shocked, surprised, and also now going back to the initial -- when the pope was appointed, the very basic pride, one of our people got the top job. that is what germans felt and that is certainly what the government -- what people are feeling now. despite a lot of controversy, debate over the way he held the job. >> thank you very much. i will bring reaction from spain in a moment. but based on what steve was having to say -- the duty, whether it be to health or circumstances -- everything he has had to deal with. >> sounds very much he is paving the way for the possibility. he has not broken a rule. several hundred years ago there was a change in canada law that if the pope decided to resign in full freedom -- the key words, it means nobody has pushed him out. if he has done it off of his own -- it is -- a lot of people were saying before that john paul ii for have should have done that to
extending the drop. 4.3%. prices dropping to the lowest level in nearly five years, following a government report showing you less than forecasted last week spewing we have mark sebastian and our market panel. kimberly fox. i would like to start with this. don't let a tight range, although the dow was in the 68-point range, but don't let this narrow trading range cloud your vision of what happened. what happened here today? >> you know, we have continued through this trend. it is no longer by the market. you have to be smart about compilations, tons of action out there in individual equity. hopefully getting smoked today, if you are a good equity kicker, smart about the stocks that you buy, you will do great. if you're bad, you will lose. this is something we haven't seen since the financial crisis of 2008. the great time for the rest of 2013. except a nice tone for how traders should approach trading. you cannot just say that the stock market will go up because the s&p is coming around. there are stocks moving within the s&p 500. >> let's talk about gold. for while you couldn't lose. but
. the not of the state of the government but of our american community. therefore, set forth responsibilities to form a more perfect union. the state of the union is strong. >> as we gather tonight, our nation is at war. our economy is in recession, and the civilized world faces unprecedented danger is. yet the state of our union has never been stronger. >> it is because of our people that our future is helpful -- hopeful. and the state of our union is strong. >> president obama delivers this year's address with the preview program at 8:00 a.m. eastern. tuesday night on c-span, c-span radio, and c-span.org. >> president obama awarded the medal of honor to clinton romesha. this is half an hour. ♪ >> ladies and gentlemen, the president of the united states and mrs. michelle obama, accompanied by medal of honor recipients staff sgt clinton romesha. ♪ ["hail to the chief"] >> let's pray. eternal god, from whom we come to whom we belong, and in whose service we find peace, such as written to be found in the spirit of truth and justice. on yourselves. the you men of valor -- of valor. be ready fo
and improve our infrastructure, but not by raising taxes. there is plenty of money in the federal government. it is time to find ways to spend it more efficiently. dagen: congressman, thank you very much. that is not the idea that the president throughout their last night. congressman of montana, take care. thank you for being here this morning. connell: another thing we heard from the president was a shout out for apple. the company announcing plans to bring back a new factory jobs back to the united states. connell: let's take a look at oil. 97.45. not moving much today. we will be right back. ♪ i'm a conservative investor. but that doesn't mean i don't want to make money. i love making money. i try to be smart with my investments. i also try to keep my costs down. what's your plan? ishares. low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk inclu
public governments across europe and the united states sort of pulling out their fiscal supports too soon and that's hurting the middle class. >> reporter: of course conservatives consider bloated public spending a burden that threatens long-run economic growth which would hurt the middle class. and that's part of the problem, there are sharp differences over the best way to generate middle class jobs. and there is also a cultural piece of the puzzle. tucked away in our collective memories is the id that a mide class jorequiring hard work and basic skills can and should support a family for life. >> we came out of world war two with a very, very untouched economy and the rest of the world was in ruins literally. and we benefited enormously from that and people think back to that era and think, gee, we should be able to do that again. >> reporter: but that is less and less likely in a world where global competition and rapidly changing technology are washing away and replacing middle class work. faced with these challenges, the president offers two solutions: more training and more investm
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